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Politics & Policy


Polling for LG election 2015 concludes, counting of ballot papers starts PESHAWAR: Polling for Local Government election 2015 was peacefully concluded in Khyber Pakthunkhwa and counting of ballot papers was started in presence of polling agents of the candidates. The polling was started at 8AM in all 24 districts except Kohistan and was peacefully ended at 5pm. However, voters within the premises of polling stations were allowed to cast their votes. Later, the counting of ballot papers was started in presence of the polling agents of the respective candidates. The unofficial results would be displayed at prominent places of the polling stations soon after completion of counting process besides dispatch of the results to ECP and DRO concerned. The elections in some union councils/wards were postponed due to different reasons including misprinting/non-printing of the candidates names/election symbols and violence related incidents and its schedule would be announced later on. However, overall the LG election was smoothly held with no untoward incident ...

Consensus on CPEC great political achievement PESHAWAR: Member Provincial Assembly, Akbar Hayat Khan on Friday said that evolving a broad based political consensus on China-Pakistan Economic Corridor Project (CPEC) project at All Parties Conference (APC) was a great achievement of the present elected government.In a statement here, the PML-N leader said credit for this goes to Prime Minister Nawaz Sharif and his team for evolving a broad based political consensus and removing the concerns of opposition parties on this great project.He ...
PML-N leadership deserves appreciation for evolving consensus on CPEC route: Balochistan CM ISLAMABAD: Balochistan Chief Minister Dr Abdul Malik Baloch on Friday said that the Pakistan Muslim League-Nawaz (PML-N) leadership deserved appreciation for evolving consensus on the China-Pakistan Economic Corridor (CPEC) route.Talking to a news channel, he said building consensus on the project route was a major breakthrough achieved in the second All Parties Conference (APC) held here. "Its credit goes to Prime Minister Muhammad Nawaz Sharif. I laud the PML-N leadership for resolving the issue and ...
ADP 2015-16 to usher in new era of development: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Thursday that annual development programme (ADB) 2015-16 would usher in a new era of progress and development in province. He was presiding over a high level meeting which reviewed priorities of Annual Development Programme 2015-16.The Chief Minister said that Such schemes should be included in annual development programme as could directly benefit the poor and the common man. He said that Development Strategy 2018 was a ...
German Parliamentarians calls on Shahbaz Sharif LAHORE: A representative delegation of German parliament called on Punjab Chief Minister Muhammad Shahbaz Sharif, here on Thursday.The delegation was headed by Chairperson of Parliamentary Committee on Economic Cooperation & Development Ms. Dagmar G. Wohrl. German Ambassador Cyrill Nunn was also present on the occasion.Matters of mutual interest, strengthening of bilateral relations and promotion of cooperation between the two countries in various sectors were discussed in the meeting.The Chief Minister offered German delegation to make ...
Nuclear tests made country's defence impregnable: Zafarul Haq ISLAMABAD: Leader of the House in Senate Raja Zafarul Haq Thursday said the Pakistan Muslim League-Nawaz (PML-N) government during its last tenure made the country's defence impregnable by conducting nuclear tests on May 28, 1998 in Chaghi, Balochistan.Talking to PTV in connection with the Youm-e-Takbeer, he said India carried out two nuclear tests first on May 18, 1974 and the other on May 11, 1998, after which it started using aggressive tone against Pakistan, but ...
IHC adjourns hearing against promotions of civil servants ISLAMABAD: The Islamabad High Court (IHC) on Thursday sought a reply from the federal government by June 10, in petitions against recent promotions from BPS-20 to 21 of civil servants.The one-judge bench comprising of Justice Shaukat Aziz Saddiqui heard the cases.During last hearing, the court had clubbed around 30 identical petitions filed by the superseded officers from Pakistan Administrative Service (PAS),Police Service of Pakistan (PSP), Pakistan Custom Services (PCS), Inland Revenue Service (IRS), Secretariat Group, ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln